Program Overview:
The Bachelor of Science in Business Administration major prepares students to be the business leaders. Through the core curriculum, students develop proficiency in the various functional areas of business. In addition to the core courses, which are taken by all Business Administration majors, each student has the opportunity to select a specific concentration of five courses within a specialized area of business such as Finance, Financial Planning, Managerial Accounting, Taxation, Accounting and Auditing; or students may develop their own Individualized concentration with the assistance of a faculty advisor.
Program Contacts:
To email Department Chair,
Christopher Lucarelli, Ph.D.
Program Webpage:
Business Administration
Program Requirements:
The Business Administration major emphasizes building the verbal and written communication skills that are so important to success in the student’s professional career. Throughout the program, students build a portfolio of business plans and presentations, thus developing their professional resume. The major requires all students to complete an approved internship or field-study option prior to graduation.
All business students develop a comprehensive understanding in the various functional areas of business by completing the Business Administration Core. Each student has the opportunity to select a specific concentration of five courses within a specialized area of business. Concentrations include: Finance, Financial Planning, Managerial Accounting, Taxation, Accounting and Auditing; or students may develop their own Individualized concentration with the assistance of a faculty advisor.
Normally, once a student has matriculated in the Business Administration major at The College of Saint Rose, he or she must satisfy all remaining core and concentration requirements with Saint Rose courses. Likewise, students pursuing a Business Administration minor must satisfy all requirements for the minor with Saint Rose courses.
The minimum credit requirement for the Bachelor of Science degree in Business Administration at The College of Saint Rose is 122 credits, which consists of the following:
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Business Administration core
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45 credits
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Business Administration concentration
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15 credits
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College Liberal Education requirements
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41 credits
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Additional arts and science electives*
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8 credits
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Additional credits **
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13 credits
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*Arts and science electives include courses from the arts and sciences that may or may not have Liberal Education designation. Courses taken in professional fields such as accounting, business, nursing, education, medical technology or engineering are generally not recognized as arts and sciences for this requirement. Students must consult with their advisors in selecting these courses.
**Additional credits include any courses offered or accepted by The College of Saint Rose that can be applied toward the 122 credit hour graduation requirement.
Business Administration majors must complete the following courses as part of their College Liberal Education requirements:
In addition, Business Administration majors must complete MAT 184 Elementary Statistics as an arts and science elective.
Students must earn a cumulative grade point average of 2.0 or better in all courses required for the 60-credit Business Administration major.
Major in Business Administration (60 credits)
Core Requirements (45 credits)
*BUS 493/494: Students who choose a Finance concentration may substitute BUS 492 Finance Field Study for BUS 494 Internship and BUS 493 Pre-Internship; students who choose a Financial Planning concentration MUST substitute BUS 491 Financial Planning Study for BUS 494 Internship and BUS 493 Pre-Internship.
**BUS 219: Students who choose a Finance or Financial Planning concentration may substitute ACC 320 Accounting Information Systems for BUS 219 Management Information Systems.
Concentration Area (15)
Students majoring in Business Administration must choose one of the following concentrations: Finance, Financial Planning, , Managerial Accounting, Accounting and Auditing, Taxation, and Individualized or Interdisciplinary Concentration.
Finance Concentration (15 credits)
The Finance concentration is designed for students wishing to enter the fields of commercial and investment banking, insurance, investment management, securities trading and brokering, pension and mutual fund management, corporate finance, and real estate management or sales. The concentration provides a firm foundation in the core theories of finance. Students wishing to obtain specialized advanced degrees in Finance will benefit from the integration of theory and current developments in the world of finance. The Finance faculty understands the need for students to become pragmatic, innovative and proficient in the use of computers if they are to become outstanding financial managers. Finance offers a tremendous intellectual and financial reward to its practitioners, with many gaining financial independence early in their careers. Some students taking the concentration may have decided on careers in other specialties but will be attracted by the advantages the Finance concentration offers students in planning their own financial futures.
Finance Concentration Requirements
Select one course from the following:
Financial Planning Concentration* (15 credits)
The Financial Planning concentration is intended for the student interested in personal financial planning for individuals or families. Financial planning involves the management of financial resources to establish a goal of where a person would like to be in the future and develop a plan of how he or she can achieve that goal. The plans developed require a comprehensive approach that includes several areas of personal finance including: investments, insurance, retirement benefits, estate planning, personal taxes, and financial plan development. The concentration will prepare students to enter the field of financial planning in organizations such as banks, credit unions, insurance companies, investment firms or accounting firms. Eventually, students may choose to establish their own private practice for financial planning. The concentration in Financial Planning curriculum meets the educational requirement for certification with the Certified Financial Planner Board of Standards (CFP Board) and qualifies students to sit for the CFP® Certification Examination, administered by the CFP Board.
Financial Planning Concentration Requirements
*CFP® and CERTIFIED FINANCIAL PLANNERTM are certification marks owned by the Certified Financial Planner Board of Standards. These marks are awarded to individuals who successfully complete the CFP Board’s initial and ongoing certification requirements. The College of Saint Rose does not certify individuals to use the CFP® and CERTIFIED FINANCIAL PLANNERTM. CFP certification is granted only by the Certified Financial Planner Board of Standards to those persons who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met its ethics, experience and examination requirements.
Accounting Concentrations (15 credits)
The concentrations in Managerial Accounting, Accounting & Auditing, and Taxation are specifically designed to prepare business students for positions in private industry, government, education, and not-for-profit organizations. Accounting careers include auditing, internal auditing, environmental accounting, taxation, budgeting, data processing, system design and analysis, and cost control and quality. Students in these concentrations are not eligible to sit for the CPA examination in New York State. Graduates may meet the educational requirements to sit for the Certified Management Accountant (CMA) and Certified Internal Auditor (CIA) examinations and Federal and New York State Civil Service examinations provided that one of their electives is an additional accounting course. Transfer criteria are the same for the Accounting majors and the Accounting concentrations. Incoming freshmen who are interested in the five-year program, but who are not accepted, can apply for admittance to the Business Administration program with an Accounting concentration. Such students can apply to the five-year program after they have completed 45 credits of undergraduate work with a good academic record and with the recommendation of their faculty advisor and one other faculty member.
Managerial Accounting Concentration Requirements
Taxation Concentration Requirements
Accounting & Auditing Concentration Requirements
Select two courses from the following:
Individualized or Interdisciplinary Concentration (15 credits)
This concentration provides a qualified student with the option of designing his or her own individualized or interdisciplinary concentration with proper advisement and documentation.
Prior to registering for the intended concentration courses, the student must present a written plan of study to his or her academic advisor; receive the advisor’s and Dean’s approval and file the approved plan of study with the Registrar. The plan of study must include the list of courses (with a minimum of five courses and 15 total credit hours in business) that constitute the concentration.
Internship/Field Experiences/Study Abroad/Service:
Required Internship/Field Study
A study abroad option is available to interested students who want to spend a semester at an approved college or university in another country. The approved courses taken will count toward the Business degree.
Professional Accreditations:
The College of Saint Rose, sponsored by the Sisters of Saint Joseph of Carondelet, Albany Province, is chartered by the Board of Regents of New York State. All of its degrees and programs are registered and its professional programs fully approved by the Board of Regents through the New York State Education Department.
The College of Saint Rose is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104. (267-284-5000) The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation. http://www.msche.org
This program is accredited by the Association of Collegiate Business Schools and Programs (ACBSP), a specialized accrediting agency recognized by the Council for Higher Education Accreditation. http://www.acbsp.org/
Minor(s):
Admissions and Financial Aid Information:
The Undergraduate Admissions Office begins review of Freshman applications each fall in late September for the following Fall. Students are encouraged to submit a complete an application as early as November. The Admissions Team will return a decision on complete applications within just three weeks. The College awards academic scholarships at the same time.
What Makes an Application Complete
- Online or Paper application (fee waived for online applicants!)
- Official High School Transcripts
- Official Transcripts for any College Level Courses
- SAT or ACT scores (See Test Optional FAQ's)
- Letter of Recommendation from a Counselor or Teacher
- Essay or Graded Paper
- Applicants may also apply via the Common Application Online.
- Art applicants are required to complete a portfolio review.
Admissions contact information (telephone number, admissions web pages)
Scholarships and Financial Aid
See Tuition, Fees, and Financial Aid section for more information.
The Bottom Line
The total cost of The College of Saint Rose (including tuition, fees, room and board) is one of the lowest of any private college in the Northeast, and we award more than $25 million in Saint Rose scholarships, grants and financial aid.
Take a look at our bottom line, and view a cost comparison with a four-year public institution.
More about Financial Aid
Financial Aid is defined as any grant, scholarship, loan, or employment opportunity given with the express purpose of assisting you with education-related expenses to make your education affordable. Financial Aid is awarded on the basis of student need and the availability of funds.
The Admission and Financial Aid teams have designed a Guide to Scholarships and Financial Aid to help prospective students and families get to the bottom line and find that The College of Saint Rose is one of the lowest of any private college in the Northeast--while maintaining powerful academic opportunities.
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